A Fund That Is Basically an Index Fund That Trades

question 89

Multiple Choice

A fund that is basically an index fund that trades like a closed-end fund is called a(n) :

• A)open-end fund.
• B)money market fund.
• C)exchange-traded fund.
• D)mutual fund.
• E)depository receipt.

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Definitions:

United States

A country located in North America, consisting of 50 states and known for being a federal republic with a diverse population and economy.

Mexico

A country in North America known for its rich cultural heritage, diverse landscapes, and strong economic sectors such as manufacturing and agriculture.

World Trade Organization

is an international organization that deals with the rules of trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Assistance

Support or aid given to individuals, businesses, or countries, often in the form of financial help or resources.